The aim of this chapter is to promote fair competition and curtail anti-competitive practices. Effective application and enforcement of competition law contributes towards greater productivity, innovation and competitiveness of markets. In the long-term, businesses enjoy lower barriers to entry and a level playing field. On the other hand, consumers will benefit from greater choices of products and lower prices. The competition chapter allows for mutual cooperation between Singapore and Chinese Taipei in the areas of information exchange and notification of anti-competitive practices.